Binary Options Trading

Many kinds of trades rely on outside market data to determine their outcome, but of all the varieties, binary options offer the most basic and straightforward format. A binary option offers only one of two outcomes. You either gain or lose. Binary options also feature fixed time limits, where in the end, your trade has either been successful, or not. Thanks to that simplicity, traders are attracted to binary options because they do not have to study the intricate ins and outs of international markets.

When a trader purchases a binary option, they are asked to decide which of two possible outcomes they find more likely. While plenty of traders do their research on market trends and news events, the limited range of a binary option does make it possible to test your luck and jump in with little to no background.

In general terms, there are three varieties of binary options, which all work in a similar fashion. With a digital option, a trader predicts if the price of a certain asset will rise or fall from its current market price within a set period of time. For example, a trader may choose a binary option predicting the price of gold will rise or fall in the next one hour. With a range option, a trader is asked to predict if the value of the chosen asset will within a set range by the set expiration, or not. Finally, with a touch option, a trader is asked to predict whether the price of a specified asset will touch a specific value at any point before the set expiry, or not. For example, a trader may be asked to decide whether the price of oil will hit a specific value within the agreed-upon expiration period.

At BinaryOptionsJourney.com, we feature over 70 broker reviews detailing what assets you can trade in, minimum deposit, minimum trade, rate of return, trading types, banking options, customer support info and if there’s a bonus offered to new traders as well as if the broker is licensed and regulated. We also feature great tutorials for both new and advanced investors with how-to guides and articles in our education section. Don't forget to take a look at our blog for the latest in financial news and reviews.

Some of our latest articles include: Candlestick Patterns Explained to Rollover Strategy and Boundary Strategy to What is an Options Builder? These articles and more can be found in Education.

Feature Broker Reviews

Trade at TopOption

TopOption features has more than 175 different assets, high returns to traders of up to 85% and instruments that range from 60 seconds to one touch. New traders receive up to a 25% bonus. Deposits start at $100 and trades starting at $5.


TopOption Review

Trade at Capital Option

Capital Option features a payout of up to 85% with trading in commodities, forex, indices and stocks. $5 minimum for 60 second trades. New traders are welcomed with a 100% bonus.


Capital Option Review

Trade at Cedar Finance

Cedar Finance offers new traders a 100% bonus on their first deposit. Features include up to an 85% return rate, trades starting at $25 and customer support by phone, live chat or web form.


Cedar Finance Review

New Broker Reviews

Sign Up Broker USA
Payout or
Bonus Review
Sign Up Sycamore Options USA Traders Not Accepted up to 75% no bonus Review
Sign Up Titan Trade USA Traders Not Accepted up to 85% up to 100% Review
Sign Up 24Winner USA Traders Not Accepted up to 85% 100% Review
Sign Up Boss Capital USA Traders Accepted up to 85% up to 100% Review
Sign Up Power Option USA Traders Not Accepted up to 85% 100% Review

Binary Options Blog Latest News

Dow, S&P 500 Set New Closing Highs as Europe Benchmarks Take Huge, Initial Leaps (November 7, 2014) - While many analysts ponder on whether a strong dollar could derail Wall Street’s rally, the Dow and S&P 500 continued to hit record closing highs in volatile trading. This came after indications that the European Central Bank would consider more policy action to boost a struggling euro zone economy. Thursday witnessed volatile trading as the [...] read more here

Wall Street Rallies on Strong GDP Data and Better Than Expected Earnings (October 31, 2014) - The global markets have had a positive week with U.S. stocks rising on Thursday following better than expected quarterly economic growth and upbeat earnings reports. This lifted the Dow’s .DJI by 221.11 points to 17,195.42. The S&P 500 .SPX was also up 12.35 points to 1,994.65 while the Nasdaq .IXIC finished 16.91 points higher at [...] read more here

Wall Street Posts Solid Gains Following Upbeat US Job Data & Quarterly Earnings (October 24, 2014) - U.S. stocks closed with solid gains on Thursday on strong quarterly earnings reports and positive U.S. jobs data which showed a decline in people filing jobless claims. The markets were also lifted by upbeat data from the euro zone. A major dampener of otherwise bullish sentiment was the news of a doctor who returned to [...] read more here

Wall Street Closes the Week Higher But Down for Fourth Consecutive Week (October 19, 2014) - U.S. stocks finished the trading week on a positive note and extended their rebound after massive selloffs in the past two weeks. While the S&P 500 registered its fourth consecutive week of declines, Friday was the best day of the week. The index’s streak of losses was its longest since August 2011. Several factors have [...] read more here

Volatility Returns to Financial Markets Amidst Economic Concerns (October 10, 2014) - Wall Street has had one of its most volatile weeks with the indexes rising and dropping sharply. Wednesday had U.S. stocks score their biggest one-day gains of the year with the Dow climbing 1.6% to 16,994.22 and the S&P 500 .SPX jumping 33.79 points to 1,968.89. However, the markets reversed completely on Thursday with the [...] read more here

Click for more news »